{"id":649993,"date":"2017-03-14T04:01:56","date_gmt":"2017-03-14T04:01:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/"},"modified":"2017-03-14T04:01:56","modified_gmt":"2017-03-14T04:01:56","slug":"cairo-metro-runs-into-problems-with-suppliers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/","title":{"rendered":"Cairo Metro runs into problems with suppliers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Cairo Metro under pressure to pay suppliers: <\/strong>Get beyond the alarmist (and wholly unrealistic) suggestion that the Metro could be closed down for any period of time and there\u2019s clearly an issue at the Egyptian Company for Metro Management and Operations. <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=326089\">Al Mal<\/a> suggests that at least 11 companies are refusing to supply spare parts and maintenance services until the company makes good on its debts. An unnamed government official cited in the piece blames the impasse on both Cabinet\u2019s refusal to raise ticket prices and at the feet of the Finance Ministry, which he alleges has yet to cough up EGP 150 mn owed to contractors. The <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=326066\">newspaper says<\/a> that Cairo Metro Ahmed Abdel Hady announced yesterday that <strong>Germany\u2019s ThyssenKrupp is refusing to sign a new contract<\/strong> to maintain escalators and elevators in the system until it receives overdue payments for its previous maintenance work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cairo Metro under pressure to pay suppliers: Get beyond the alarmist (and wholly unrealistic) suggestion that the Metro could be closed down for any period of time and there\u2019s clearly an issue at the Egyptian Company for Metro Management and Operations. Al Mal suggests that at least 11 companies are refusing to supply spare parts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649993","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"39a0ea6e-34c0-4a30-a905-fabfdbb764df","order":"0","is_powered_by":true,"section_story_id":"5b306402-e5f0-4ebf-a3f0-4c455628084b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649981],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cairo Metro runs into problems with suppliers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cairo Metro runs into problems with suppliers\" \/>\n<meta property=\"og:description\" content=\"Cairo Metro under pressure to pay suppliers: Get beyond the alarmist (and wholly unrealistic) suggestion that the Metro could be closed down for any period of time and there\u2019s clearly an issue at the Egyptian Company for Metro Management and Operations. Al Mal suggests that at least 11 companies are refusing to supply spare parts [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-14T04:01:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cairo Metro runs into problems with suppliers\",\"datePublished\":\"2017-03-14T04:01:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\"},\"wordCount\":154,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/cairo-metro-runs-into-problems-with-suppliers\/\",\"name\":\"Cairo Metro runs into problems with suppliers - 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The companies are now calling for their receivables and threatening to take legal action and switch off access to electricity and water, according to Cairo Metro\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599586,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/hyundai-rotem-wins-usd-134-5-mn-bid-to-supply-egypt-with-metro-cars\/","url_meta":{"origin":649993,"position":1},"title":"Hyundai Rotem wins USD 134.5 mn bid to supply Egypt with metro cars","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Hyundai Rotem lands USD 134.5 mn contract to supply metro cars: Hyundai Rotem has landed a USD 134.5 mn contract to supply Egypt with 48 air-conditioned cars for line two of the Cairo Metro by 2021, South Korea\u2019s Pulse News reports. The agreement will be funded via a facility fund\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574211,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/02\/french-transportation-firm-ratp-dev-to-run-cairo-metro-line-3\/","url_meta":{"origin":649993,"position":2},"title":"French transportation firm RATP Dev to run Cairo Metro Line 3","author":"enterpriseam admin","date":"2 September 2020","format":false,"excerpt":"French transportation firm RATP Dev will run Cairo Metro Line 3: The National Authority for Tunnels (NAT) signed a EUR 1.14 bn contract with French transportation firm RATP Dev to operate the Cairo metro\u2019s third line for a period of 15 years, according to a Transport Ministry statement. 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